These 5 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 eventually concluded at 21,255, marking an increase of 104.90 points or 0.5% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 708,865, reflecting an increase of 359 points.

Among all the stocks listed on the NSE, 52 stocks reached their 52-week high levels. We will be exploring those stocks that not only achieved their 52-week highs but also experienced a surge and closed above 10%.

Starteck Finance Limited

Starteck Finance Limited is a non-deposit-taking, non-systemically important (ND-NSI) NBFC registered with RBI. Its primary focus revolves around retail lending in two key segments, namely housing finance and loans extended to small corporates/MSMEs.

Today, the stock opened at Rs 244 per share, experienced a significant 19.99% rally throughout the day, and ultimately closed at Rs 286.35 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 114% during the past six months.

Hindcon Chemicals Limited 

Incorporated in 1998, Hindcon Chemicals Limited engages in the manufacturing and sale of Sodium Silicate and construction chemicals, alongside trading activities.

Today, the stock began trading at Rs 48.25 per share, witnessed a strong rally of 19.98% throughout the day, and eventually closed at Rs 58.85 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a return of 210% during the past six months.

Arman Financial Limited

Arman Financial Service Ltd is an RBI-registered category ‘A’ Non-Banking Finance Company. It is engaged in providing loans to the unorganised sector in rural and semi-rural areas across six states. With 170 branches, the company serves approximately 3.73 lakh customers.

Today, the stock opened at Rs 2332 per share, experienced a robust 14.58% increase throughout the day, and eventually closed at Rs 2312.80 per share. Notably, the stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 85% in the past year.

Indo Borax and Chemicals Limited

Indo Borax & Chemicals Limited was incorporated in the year 1980 and subsequently listed in 1993. Presently, Indo Borax operates a Boric Acid and Borax plant located at Pithampur. The company is engaged in the manufacturing of Boron products and Lithium Hydroxide.

Today, the stock began trading at Rs 192 per share, witnessed a strong rally of 12.47% throughout the day, and eventually closed at Rs 216.50 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered an impressive return of 62% in the past six months.

Sanghvi Movers Limited

Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector. The company possesses a fleet of medium to large-size hydraulic truck-mounted telescopic and lattice boom cranes, along with crawler cranes. These cranes have lifting capacities ranging from 20 tons to 800 tons.

Today, the stock began trading at Rs 779.40 per share, witnessed a strong rally of 11.14% throughout the day, and eventually closed at Rs 866.25 per share. Notably, the company’s stock reached its 52-week high price today. Furthermore, the stock has delivered a remarkable return of 85% in the past six months.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.